Monday, April 27, 2015

Events for the first weekend in May

13th Annual Waikiki Spam Jam

Saturday, May 2, 2015 4:00 pm 
10:00 pm

It's the annual Waikiki Spam® Jam, a cultural tradition in Hawaii, and rated as one of the top annual food festivals in Hawaii. The Waikiki Spam® Jam, which starts at 4:00 p.m. and ends at 10:00 p.m., is one of the most popular festivals in Hawaii because of its great food and entertainment in a family-friendly atmosphere. Local residents and visitors alike have made this an annual tradition. 
Kalakaua Ave
HonoluluHI 96815

Donations of Spam for the Hawaii Food Bank are being collected during the event. Please bring down a can of Spam® to donate.

Symphony in the Park

Saturday, May 2, 2015 5:00 pm

FREE concert in Kailua District Park on Saturday, May 2, conducted by Dr. Jeffrey Boeckman of the University of Hawai'i at Mānoa and emceed by Howard Dicus of Hawaii News Now.

This family-friendly program will feature popular classics including Finlandia and Shostakovich's Festive Overture as well as selections from West Side Story and a Star Wars Medley.
A special prelude concert featuring Le Jardin Academy's Jazz Ensemble under the direction of Martin Smith featuring vocalist Alyssa Manley will begin at 4:15 p.m.

Kailua District Park
21 South Kainalu Dr
Kailua, HI 96734
(808) 266-7652


The 14th Annual Jamba Banana Man 5K Chase

Saturday, May 2, 2015 7:00 am

The 14th Annual Jamba Banana Man 5K Chase gives participants a chance to chase life size bananas around the beautiful Ala Moana Beach Park and Magic Island (5k = 3.1 miles). Hawaii's wackiest race seeks 1,200 runners for the 5K and 200 kids (ages 13 and under) for the Keiki Fun Run around Magic Island. 

Event Day Schedule:
5:30am - Same day registration
6:30 - Registration closes
7:00 - Race begins!
7:00 - Keiki activities and Hawaii Speed & Quickness drills begin
7:45 - Keiki Fun Run starts
8:15 - Awards and prizes

Magic Island
1401 Ala Moana Blvd
Honolulu, HI 96814
(808) 592-2288


Tuesday, April 21, 2015

Basic Legal Documents

iStock_000012034746_250.jpgMany times, young adults feel “bullet-proof” and don’t consider the urgency to get involved or spend the money to take care of certain legal aspects of their lives because they think they’re going to live forever.  Since no one is guaranteed longevity of life, if you want to be in control of who gets what and who is in charge now based on an untimely incapacitation or death, it is important to investigate these basic legal documents.

Will – This is a legal instrument that specifies your desires to care for your minor children and to distribute your personal property after you die and who will manage the process.  Anyone who has property and minor children needs a will.

Living Will – This legal instrument specifies your intentions regarding end of life decisions or to designate an individual to make those decisions on your behalf.  Many times, a person who had been diagnosed with a terminal condition or who is facing a serious surgery or hospitalization might feel a sense of urgency to have this document.

Power of attorney – This document allows you to appoint someone you trust, not necessarily an attorney, to handle important legal and financial matters for you if you are unable to make decisions for yourself.  The time limit can be for a specified period of time or indefinitely.

Trust – This arrangement involves an entity called a Trustee who takes control and manages property for someone else’s benefit called a beneficiary.  When property is placed in a trust, the trust becomes the owner of the property.  There are different types of trusts and a qualified advisor can explain and recommend which type would be best suited for your situation.

HIPPA Release Form – The Health Insurance Portability and Accountability Act, known as HIPPA, was created by Congress to protect the privacy of a person’s health information.  Health care providers are prohibited from discussing any aspect of your medical information with anyone who is not directly involved in your care.  To allow friends or family who do not have legal responsibility for you to have access to this information, this release form is necessary.

Most of the issues affecting these types of documents are determined by state law.  Since they are legal documents, it is recommended that you seek sound financial and legal advice.

Monday, April 20, 2015

Events for April 24-25 Eats, Expos and Laughs

Eat The Street: Philippines

Friday, April 24, 2015 
4:00 pm 9:00 pm

Come enjoy Hawaii's Food Truck and Street Food Rally featuring treats from the Philippines.  Don't miss happy hour and entertainment from 4-6pm

Kaka'ako Makai Gateway Park
677 Ala Moana Blvd
Honolulu, HI 96813
(808) 587-2870

Hawaii World Class Wedding Expo XXXIV

Friday, April 24, 2015 6:00 pm - 10:00 pm
Saturday, April 25, 2015 11:00 am - 5:00 pm

Everything a bride would need to plan her perfect wedding.
Photographers, bridal gowns, tuxedos, hotels and resorts, floral designers, cakes, caterers, hair and make up, beauty, weight loss, skin care products, videographers, centerpieces, specialty services, venues, limousines, travel agents, invitations, diy crafts, bridal accessories and gifts, and more!

Hawaii Convention Center
1801 Kalakaua Ave
Honolulu, HI 96815
(808) 943-3500

For each pair of tickets (2) you order, at $18.00, you will be awarded 100 HawaiianMiles for each pair of pre orderedtickets. 

Improv Brew Haha

Saturday, April 25, 2015 
8:00 pm 10:30 pm
Doors at 7:30pm, show at 8pm

Get ready to laugh with Think Fast and friends! Chinatown's biggest improv team Think Fast will be hosting and performing with teams made up of improv students and improvisers from all over the Hawaii improv community.

More Info:

Ong King Art Center
184 N King St
Honolulu, HI 96806
(724) 816-6585
Street parking and at Chinatown Municipal Parking lots for $3

Cash donation bar

Tuesday, April 14, 2015

Are You Ready?

are you ready2.pngFor whatever reason you’ve delayed buying a home, it may be time to reconsider that decision based on today’s conditions and what is expected to happen in the future.

Rents are continuing to increase to the point that in most markets, it is significantly less expensive to own than to rent.  Even after you factor repairs into the equation, the low interest rates, principal accumulation due to amortization, appreciation and tax savings lower the monthly cost of housing.

Low inventories coupled with strong demand cause a rising effect on prices.  Another reason for higher values is that builders, especially in certain price ranges, have not ramped up new home starts to keep up with the demand.

Recently, the Federal Reserve announced that they intend to start raising rates. Most experts agree that higher interest rates are a foregone conclusion; it is just a matter of when it will happen.

A $300,000 home today could cost considerably more one year from now.  With a 20% down payment, if prices go up by 3% and the interest rates increase by .5%, the principal and interest payment at 3.625% would be $1,094.52 for 30 years compared to $1,198.05 at 4.125%.

The question is not necessarily “can you afford the additional $103.53 more per month that you’d have to pay for the home during the 30 year term?”  More importantly, “How would you feel about having to pay more because you weren’t ready to make a decision and what would you have spent it on if you didn’t have to pay a higher payment?”

Tuesday, April 7, 2015

Rent Again?

Rent again.pngAfter you take the training wheels off your bike and learn to ride it, you’d never consider putting them back on again.  Similarly, once you’ve owned a home, you might think you’ll own a home from now on but there may be some situations where it might make sense to rent again. 

Big shifts in a person’s life like a divorce, death of spouse, empty nesting or a temporary transfer to a new city are certainly things that may warrant renting, at least temporarily, until those circumstances develop the particulars.

A good example might be that you think you’d like to move downtown.  Before selling your home and purchasing a condo, it might be enlightening to rent an apartment to see how you’ll adapt to the changes in that style of living.

The sales and purchase expenses incurred with real estate are absorbed over the period ownership which is usually between ten and twelve years.  When the holding period involves only a few years, it can negatively impact a homeowner’s equity.

Like any move, especially coordinating the sale and purchase of two homes, there are a lot of issues involved.  Your real estate professional can provide information that will help you to make better decisions on whether to buy, sell or rent again.

Monday, April 6, 2015

Events for April 10 -12, Fun at the Fair and Everything Ocean

Iolani Fair 2015: Adventures in Atlantis

April 10, 2015 Friday
April 11, 2015 Saturday
12 Noon - 10:30pm both days

Come join the fun with rides, entertainment and foods galore.

More Info:

Iolani School


April 11, 2015 Saturday
11am - 8pm
April 12, 2015 Sunday
11am - 5pm

This will be the 7th year for the Hawaii Ocean Expo.  Come see participating exhibitors and vendors that will highlight ocean related activities such as fishing, diving, swimming, paddling, surfing, boating, kayaking, and delicious seafood. The event will also include ocean researchers, education institutions, conservation and ocean policy advocacy groups.

More Info:

Neal S. Blaisdell Arena
777 Ward Avenue
HonoluluHI 96814

$6 GA; Child 12 yrs & under FREE w/ paid adult

Tuesday, March 31, 2015

Home Too Big Now?

iStock_000013567449-200.jpgOnce the kids are grown, have careers, relationships and get a place of their own, parents find that they may not need their “big” home like they did before. Their lifestyle may have changed and the house just doesn’t “fit” anymore.

Benefits of a smaller home:

  • Easier to maintain 
  • Lower utilities
  • Lower property taxes 
  • Lower insurance
  • More convenient location
  • Convenience of a single level
  • Possibly more energy efficient
  • Possibly lower maintenance

Moving from a larger home frees equity from the previous home that can be invested for retirement income, purchase a second home, travel, education or just to have a nest egg for unexpected expenses.  The profit on the home, in most cases, will be tax-free up to the exclusion limits set by IRS.

There will be expenses involved in selling a home as well as the purchase of a new home.  These will lower the amount of net proceeds available to invest in the new home.

Like any other big change in life, it is recommended that you take your time to consider the possible alternatives and outcomes.  Your real estate professional can provide information that can be valuable in the discernment process such as what your home is worth, what you will net from a sale as well as alternative properties for your next stage in life.